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104 Mark Drive

Edenton, NC 27932
  • $375,343
  • STATUS: Active
  • ON SITE: 19 days
  • ID#: 104026
UPDATED: 50 min ago
$375,343
  • 0
    BEDS
  • 0.59
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,346
    SQFT
  • $112
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1988
County:
Area:

School Ratings & Info

Description

Fully leased 3,346 sq ft medical building behind Hospital in Edenton. Vidant pays $14.25/sq ft NNN. Lease began 5/1/2012 and expires 6/30/2024. Tenant renewed for 3 years instead of 1 year option in 2014, 2018, & 2021. NOI of $46,519.05 using 2018-2020 expenses (12.39% cap rate) or $43,164.46 using 2015-2020 expenses (11.5% cap rate). HVAC units were replaced in 2015 & 2016, new roof in May of 2002 with cost of $7,590. 7 exam rooms, 3 offices, 7 restrooms (1 has shower), waiting room, reception area, lab, and kitchen. 22 parking spaces.

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IDX information © 2021 Albemarle Area Association of Realtors®. The data relating to real estate for sale on this website comes in part from the (IDX)Internet Data Exchange Program of the Albemarle Area Association of Realtors, Multiple Listing Service. Real estate listings held by brokerage firms other than the Realtor owner of this website are marked with the Internet Data Exchange logo (IDX) or the Internet Data Exchange brief/thumbnail logo and detailed information about them includes the name of the listing firm. Information on this website is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated: 2021-06-16T14:20:29.397
www.krisweaver.com/homes/117634524
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104 Mark Drive Edenton, NC 27932

  • Price: $375,343
  • Status: Active
  • Updated: 50 min ago
  • ID#: 104026
0
Beds
0
Baths
0
½ Baths
0.59
Acres
3,346
SQFT
$112
$/SQFT
1988
Built
Neighborhood:
Edenton
County:
Chowan
Area:
Edenton
Property Description
Fully leased 3,346 sq ft medical building behind Hospital in Edenton. Vidant pays $14.25/sq ft NNN. Lease began 5/1/2012 and expires 6/30/2024. Tenant renewed for 3 years instead of 1 year option in 2014, 2018, & 2021. NOI of $46,519.05 using 2018-2020 expenses (12.39% cap rate) or $43,164.46 using 2015-2020 expenses (11.5% cap rate). HVAC units were replaced in 2015 & 2016, new roof in May of 2002 with cost of $7,590. 7 exam rooms, 3 offices, 7 restrooms (1 has shower), waiting room, reception area, lab, and kitchen. 22 parking spaces.
Exterior Features

Access City Street Construction GlassBrick Foundation Crawl Space Roof Composition Waterfront None

Interior Features

Air Conditioning Central Electric Ceiling Height Varies Floors Wall To WallTile Heating System Butane/PropaneAir To Air Heat Pump Hvac Central

Property Features

Area Description Near Hospital City Limits 1 Commercial Park N/A Commercial Park Fee N/A Current Lease Info Vidant Medical Group Current Use OfficeMedical/Dental Documents On File Survey/PlatLegal DescriptionIncome/Expenses Electric Company Town Of Edenton Features Security SystemSecurity LightingHandicapped AccessRestroom-PublicRestroom-Private Financing Types CashConventionalFha Flood Zone None Location Corner LotCommercial ParkCity Lot Number 4 Number Buildings 1 Permitted Uses OfficeBusiness ServiceMedical/DentalProfessional Service Terms Of Existing Lease Long Term LeaseTriple Net Utilities Electricity ConnectedNatural Gas AvailableSewer ConnectedPropaneWater Connected Zoning Jurisdiction Med Arts

Offered by Alex Rich of Rich Company.


IDX information © 2021 Albemarle Area Association of Realtors®. The data relating to real estate for sale on this website comes in part from the (IDX)Internet Data Exchange Program of the Albemarle Area Association of Realtors, Multiple Listing Service. Real estate listings held by brokerage firms other than the Realtor owner of this website are marked with the Internet Data Exchange logo (IDX) or the Internet Data Exchange brief/thumbnail logo and detailed information about them includes the name of the listing firm. Information on this website is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated: 2021-06-16T14:20:29.397
 
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